TUHU-W repurchases 224,000 Class A shares on 29 June; cumulative buy-backs under June mandate at 1.65 million

Bulletin Express
06/29

TUHU Car Inc. (TUHU-W) filed a Next Day Disclosure Return after repurchasing 224,000 weighted-voting Class A ordinary shares on 29 June 2026 via on-market trades.

The transaction was executed within a price range of HKD 11.50–12.50, resulting in a cash outlay of HKD 2.76 million. All repurchased shares are intended for cancellation.

Including earlier purchases on 25 June (421,100 shares at an average HKD 12.03) and 26 June (1,000,000 shares at an average HKD 11.62), the company has bought back 1,645,100 shares since the 5 June 2026 annual mandate became effective. This volume represents 0.20% of the 827.69 million issued shares outstanding when the mandate was granted, leaving 81.12 million shares—98.01% of the approved limit—still available for future repurchase.

Despite the buy-backs, TUHU-W’s issued share capital remained unchanged at 759.77 million Class A shares and 67.92 million Class B shares as of 29 June 2026, as the repurchased shares had not yet been cancelled.

Under Hong Kong listing rules, the company is subject to a 30-day moratorium—up to 29 July 2026—on issuing new shares or transferring treasury shares following the latest repurchase.

The board confirmed that all repurchase activities complied with Main Board Rule 10.06 and related regulatory requirements.

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